Airbus Agrees to Monitoring in $4 Billion Settlement of Bribery Charges - News Summed Up

Airbus Agrees to Monitoring in $4 Billion Settlement of Bribery Charges


Airbus SE agreed with the U.S. to have its global defense business monitored by an external compliance officer—part of a sweeping €3.6 billion ($4 billion) deal with American, U.K. and French prosecutors that settles alleged bribery and export-control violations against the plane maker. Airbus disclosed the financial terms of the deal—the largest international settlement over alleged bribery ever—earlier this week. Prosecutors and officials in all three jurisdictions, in detailed allegations released Friday, said the company...


Source: Wall Street Journal January 31, 2020 14:18 UTC



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